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Increase in intermediated business

The leadership team at Shuttle is pleased to announce the latest product release for their cloud based multiparty onboarding platform. Since launch, Shuttle Introducer has helped banks to grow their introduced business channel by connecting with both their key external business introducers and customers in one secure place. Now banks and other regulated businesses can automate their own Introducer onboarding.

The latest Shuttle release helps banks and other businesses with introduced channels to onboard new Introducers, Brokers and Advisors.

  • New introducers provide business activity and trading information as specified by the organisation

  • Data is verified and validated through API’s including companies house, credit reference agency and known database lookups

  • Risk and acceptance criteria is fully configurable to suit both regulated and unregulated activities

  • Qualified applications automatically onboard and are able to introduce new business immediately where appropriate

Introduced channels drive more than 60% of new business in the business financial services space. An ever-increasing number of businesses are looking to trusted advisors to manage key relationships. In turn, advisors and introducers are recommending a wider suite of services across a greater portfolio of providers.

Shuttle Introducer portal now helps financial services organisations to build their introduced channel systemically and securely.

David Williams, CEO Shuttle said ‘We are excited to launch our latest release. We’ve learned from our customers that their introduced channels are growing, quickly and significantly.  They’ve also told us that they need help qualifying and onboarding new introducers, advisors and partners. Shuttle Introducer is the perfect solution to help’.

The company, formed in 2015 has recently closed their second investment round and has offices in both London and Sofia. Shuttle has been accelerated by the NatWest Entrepreneurial Spark programme and are members of the Barclays RISE community.

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